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Centralised Asset Liquidation Auction Platform

Centralised Asset Liquidation Auction Platform: The Insolvency and Bankruptcy Board of India (IBBI) and Indian Banks’ Association (IBA) plans to create a centralised platform for auctioning of assets under the Insolvency and Bankruptcy Code (IBC).Auction of assets will be conducted via the eBKray platform which has been operating auctions for mortgaged assets under the SARFAESI […]

Diffraction Limit

Diffraction Limit: The resolution limit of an optical instrument that uses light is constrained by the diffraction limit, a fundamental boundary that prevents improvement beyond a certain point.This diffraction limit affects the instrument’s ability to distinguish between two close objects. Due to the diffraction limit, scientists could use the light microscope to see cells but […]

‘Quota-Within-Quota’ System

‘Quota-Within-Quota’ System: Supreme Court ruling, have questioned whether a ‘quota-within-quota’ system is needed to ensure that affirmative action policies are more equitable across SC subgroups.Existing Reservation Quotas:Scheduled Castes (SC): 15% reservation in education and public employment.Scheduled Tribes (ST): 7.5% reservation.Other Backward Classes (OBC): 27% reservation with a “creamy layer” exclusion.Economically Weaker Sections (EWS): 10% reservation […]

Visible Emission Line Coronagraph

Visible Emission Line Coronagraph: Scientists from the Indian Institute of Astrophysics (IIA) in Bengaluru have reported initial significant observations from the Visible Emission Line Coronagraph (VELC) onboard ADITYA-L1, India’s first solar mission launched by ISRO.The VELC on ADITYA-L1 successfully captured and precisely estimated the onset time of a Coronal Mass Ejection (CME) that erupted from […]

ISRO to Launch EU’s Proba-3 Satellite

ISRO to Launch EU’s Proba-3 Satellite: Indian Space Research Organisation (ISRO) is set to launch the European Union’s Proba-3 Solar Observation Mission in December from Sriharikota. The satellite, arriving at Sriharikota, is designed to study the Sun’s faint corona, a crucial aspect of solar science. This marks India’s third collaboration with the EU in space, […]

WBF World Championship Title 2024

WBF World Championship Title 2024: Indian professional boxer Mandeep Jangra claimed the World Boxing Federation’s super featherweight world title after defeating Britain’s Conor McIntosh in an intense match in the Cayman Islands. The 31-year-old, who trains under former Olympic silver medallist Roy Jones Jr, dominated most rounds and secured a significant victory, marking only one […]

Indian Navy Hosts 3rd Mahasagar Summit

Indian Navy Hosts 3rd Mahasagar Summit: The Indian Navy successfully conducted the third edition of the Mahasagar summit, continuing its flagship outreach initiative for maritime security in the Indian Ocean Region (IOR). Held virtually under the theme, “Training Cooperation to Mitigate Common Maritime Security Challenges in the IOR,” the summit brought together senior leaders from […]